 |
Louisiana Light • 2 days | 82.90 | -0.55 | -0.66% | ||
|
Bonny Light • 19 hours | 84.01 | -0.44 | -0.52% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% | ||
|
Mars US • 186 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.536 | -0.007 | -0.29% |
|
Bonny Light • 19 hours | 84.01 | -0.44 | -0.52% | ||
|
Girassol • 19 hours | 84.95 | -0.49 | -0.57% | ||
|
Opec Basket • 2 days | 83.74 | -0.05 | -0.06% |
|
Peace Sour • 18 hours | 71.68 | +0.37 | +0.52% | ||
|
Light Sour Blend • 18 hours | 74.73 | +0.37 | +0.50% | ||
|
Syncrude Sweet Premium • 18 hours | 81.68 | +0.37 | +0.46% | ||
|
Central Alberta • 18 hours | 72.08 | +0.37 | +0.52% |
|
Eagle Ford • 2 days | 74.96 | +0.37 | +0.50% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +0.50 | +0.67% | ||
|
Kansas Common • 7 days | 69.25 | -3.00 | -4.15% | ||
|
Buena Vista • 2 days | 83.20 | +0.37 | +0.45% |
Breaking News:
Article Archive | Page 636
Big Oil’s Petrochemical Bet Is A Risky One
Petrochemicals are expected to underpin global oil demand growth in the future as growth in transportation fuels demand is set to slow with the increased use of electric…
Saudi Oil Minister: Oil Demand Could See A 97% Recovery By The End Of 2020
Global oil demand is set to recover to near pre-covid-19 levels by the end of this year, Saudi Arabia’s energy minister Prince Abdulaziz said today prior to the OPEC+ Joint…
Is This The End Of China's Oil Buying Spree?
China’s record-breaking crude oil imports supported oil prices through the late spring and summer when oil demand recovery in the rest of the world had just started and…
Demand For Oil Tankers Plunges As OPEC+ Restricts Exports
Ton-mile demand, a proxy for demand for oil tankers, has slumped in the summer as OPEC’s oil production dropped to a three-decade low and exports were drastically cut as part…
Could The GNA Ever Successfully Control Libya’s Oil?
Introduction The success of the Tripoli-based Government of National Accord (GNA) in forcing the withdrawal of the eastern-based Libyan National Army (LNA) from northwestern Libya has led to…
Europe’s Big Oil Companies Aim To Become Big Energy
Big Oil’s most profitable business is no longer oil. This attention-grabbing headline published by Oilprice.com earlier this month may be dramatic, but it’s…
U.S. Brokerage Faces Lawsuit Over Trades At Negative Oil Prices
E*Trade Securities, one of the largest U.S. brokerages, was slapped with a class-action lawsuit on Tuesday for allegedly failing to disclose proper risks to clients that were burnt by the…
Oil Prices Rebound On EIA Inventory Report
A crude oil inventory draw of 1.6 million barrels sent oil prices higher today, with the Energy Information Administration also reporting a fall in gasoline inventories and a modest…
3 Ways To Play The Coming Oil Boom
With the double negatives of a demand-culling pandemic and wildly declining sentiment trouncing the oil and gas and pushing companies to record lows, with $30 billion in collective debt,…
Trade War Becomes Key Driver For Oil As Elections Near
Although the focus of oil markets in recent months has been on the impact of the COVID-19 pandemic and of the latest Saudi Arabia-instigated oil price war, still bubbling away…
Oil Piracy Has Spiked During COVID Pandemic
The year 2019 marked a crucial milestone in the fight against global maritime piracy. According to the International Maritime Bureau (IMB), global pirate attacks plunged to a 25-year low, with…
UAE’s Oil Major ADNOC Sees ‘Robust’ Return Of Oil Demand
The Abu Dhabi National Oil Company (ADNOC) sees a robust return of oil demand, mainly from China, ADNOC Group’s chief executive Dr. Sultan Ahmed Al Jaber told IHS Markit Vice…
COVID-19 Positive Russian Oil Minister Will Join OPEC+ Meeting
Russia’s Energy Minister Alexander Novak will take part in the virtual meeting of the OPEC+ monitoring panel on Wednesday, despite testing positive for COVID-19, Russia’s energy ministry said on Tuesday. …
Bullish Sentiment Is Building In Oil Markets
For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how…
South America Is Rapidly Becoming A Global Leader In Offshore Oil
South America has made a cost-cutting leap since 2013, when it was the world’s most expensive region for deepwater oil and gas production costs. Average operational expenditure (opex) per barrel…
Russia Doubles Down On Its Arctic Oil & Gas Agenda
The late senator John McCain once said about Russia, “the country is a gas station masquerading as a state." Although the politician is speaking from a biased American position,…
Are Oil Prices About To See A Correction?
Oil trading has been on the decline these past couple of weeks as conflicting data pulls prices in different directions. But, according to some, a correction may be…
Norway’s Oil Fund Loses $21 Billion In First Half Of 2020
Norway’s oil fund, as the world’s biggest sovereign wealth fund is commonly known, lost US$21 billion (188 billion Norwegian crowns) in the first half of 2020, as the fund returned…
Petrobras Launches Development Of Major Deepwater Oil Field
Brazil’s state oil major Petrobras has launched a new phase in the development of the first deepwater oil project since the start of the crisis, at the Mero field in…
Is This The Beginning Of The End Of Oil & Gas Exploration?
Booms and bust cycles are very much a part of investing in the fossil fuel sector. In previous energy downturns, prices frequently experienced serious slumps, but oil and gas companies…
